TÜRKÇE
ENGLISH
Information
| Code | BUSS411 |
| Name | International Finance |
| Term | 2022-2023 Academic Year |
| Semester | 7. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 6 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | İngilizce |
| Level | Lisans Dersi |
| Type | Normal |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Doç. Dr. EMRAH ARIOĞLU |
| Course Instructor |
Doç. Dr. EMRAH ARIOĞLU
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
The objective of this course is to provide information about how the international markets, interest rates, exchange rates and commodity price developments would affect the decisions of firms and thus how to avoid the adverse developments and how to benefit from the positive developments in financial markets.
Course Content
In this course, the basic theories of the international financial system, exchange rates, and risk management tools will be discussed.
Course Precondition
none
Resources
Jeff Madura, International Financial Management
Notes
Frederic S. Mishkin and Stanley G. Ekins, Financial Markets and Institutions
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Understand international monetary system and economic framework |
| LO02 | Analyze and forecast the exchange rates |
| LO03 | Use various forms of financial instruments available for risk management. |
| LO04 | Classify the international investments |
| LO05 | Comment on international economic developments |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explaining business concepts and their interrelationships | 3 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Explaining the basic theoretical models, numerical and statistical methods of business management | 4 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Explaining the relationship between basic economics concepts and business management concepts | 5 |
| PLO04 | Bilgi - Kuramsal, Olgusal | Explaining how to apply theoretical, numerical and statistical methods used in business management | 3 |
| PLO05 | Bilgi - Kuramsal, Olgusal | Explaining how to interpret the results obtained as a result of the creation/application of theoretical, numerical and statistical methods used in business management | 4 |
| PLO06 | Bilgi - Kuramsal, Olgusal | Applying business management methods by following the basic steps | |
| PLO07 | Bilgi - Kuramsal, Olgusal | Determine appropriate methods to solve business problems | |
| PLO08 | Beceriler - Bilişsel, Uygulamalı | Evaluate the results that are obtained from applications of business management methods. | |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Use basic numerical and statistical softwares. | |
| PLO10 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Use basic enterprise resource planning (ERP) softwares | |
| PLO11 | Yetkinlikler - Öğrenme Yetkinliği | Working effectively individually and/or in a team | |
| PLO12 | Yetkinlikler - Öğrenme Yetkinliği | Being aware of the necessity of lifelong learning, constantly renewing itself by following the current developments in the field. | |
| PLO13 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Presenting information effectively in an unfamiliar field by using different sources within the framework of academic rules. | |
| PLO14 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Use Turkish and at least one foreign language in accordance with the prerequisities of academic and business context | |
| PLO15 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Accurately express the obtained information and comments verbally and in writing | |
| PLO16 | Yetkinlikler - Alana Özgü Yetkinlik | Applying new working methods when deemed necessary by questioning traditional approaches, practices and methods | |
| PLO17 | Yetkinlikler - Alana Özgü Yetkinlik | Acting in accordance with social, scientific and professional ethical values from an entrepreneurial perspective | |
| PLO18 | Yetkinlikler - Alana Özgü Yetkinlik | Determining the most appropriate business management approaches, practices and methods by considering the sector, size, resources, culture, goals and objectives of the enterprises. | |
| PLO19 | Yetkinlikler - Alana Özgü Yetkinlik | Interpreting the effects of external environmental factors such as sector structure, competition, technology, economy, politics, culture, which affect the activities of businesses, on businesses. |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Fundamental Issues in International Finance and International Monetary Arrangements | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 2 | Balance of Payments | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 3 | Foreign Exchange | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 4 | Speculation and Arbitrage on Changes in the Levels of Currencies | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 5 | Exchange Rate Relationships; Purchasing Power Parity, Interest Rate Parity | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 6 | Factors Effecting the Exchange Rate and Forcasting Techniques | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 7 | Risk Minimazing Hedging; Derivatives | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 8 | Mid-term exam | Preparation for the exam | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 9 | Currency, Interest Rate and Commodity Swaps | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 10 | Currency Options | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 11 | Using Currency Forward Hedging | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 12 | Exposure Measurement and Management; Measuring the Exposure of a Business | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 13 | Accounting Measures of Exposure | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 14 | International investments: direct investment, portfolio investment | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 15 | direct investment | Reading the relevant chapter of International Finance book | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 16 | Final exam | Preparation for the exam | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Final exam | Preparation for the exam | Ölçme Yöntemleri: Yazılı Sınav |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 3 | 42 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 5 | 70 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 15 | 15 |
| Final Exam | 1 | 30 | 30 |
| Total Workload (Hour) | 157 | ||
| Total Workload / 25 (h) | 6,28 | ||
| ECTS | 6 ECTS | ||